Aurora Investment Counsel bought a new position in shares of Shutterfly, Inc. (NASDAQ:SFLY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 28,606 shares of the technology company’s stock, valued at approximately $1,423,000. Aurora Investment Counsel owned approximately 0.09% of Shutterfly as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bamco Inc. NY acquired a new stake in Shutterfly in the third quarter valued at about $36,360,000. SQN Investors LP acquired a new stake in Shutterfly in the second quarter valued at about $16,275,000. Rice Hall James & Associates LLC boosted its stake in Shutterfly by 70.9% in the third quarter. Rice Hall James & Associates LLC now owns 801,520 shares of the technology company’s stock valued at $38,858,000 after buying an additional 332,434 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Shutterfly in the second quarter valued at about $15,594,000. Finally, Old Mutual Global Investors UK Ltd. boosted its stake in Shutterfly by 181.5% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 432,933 shares of the technology company’s stock valued at $20,564,000 after buying an additional 279,115 shares in the last quarter.
In other news, SVP Satish Menon sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $42.30, for a total transaction of $1,057,500.00. Following the completion of the transaction, the senior vice president now directly owns 38,221 shares in the company, valued at $1,616,748.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lisa Blackwood-Kapral sold 719 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $40.78, for a total value of $29,320.82. Following the transaction, the chief accounting officer now owns 1,900 shares of the company’s stock, valued at $77,482. The disclosure for this sale can be found here. Insiders have sold 71,003 shares of company stock valued at $3,060,675 over the last 90 days. 0.80% of the stock is owned by corporate insiders.
Shutterfly, Inc. (SFLY) opened at $48.45 on Friday. Shutterfly, Inc. has a 1 year low of $39.76 and a 1 year high of $53.99. The stock has a market capitalization of $1,600.00, a PE ratio of -969.00 and a beta of 0.84.
Shutterfly (NASDAQ:SFLY) last issued its quarterly earnings data on Tuesday, October 24th. The technology company reported ($0.78) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.79) by $0.01. Shutterfly had a return on equity of 4.66% and a net margin of 0.81%. The company had revenue of $195.44 million during the quarter, compared to the consensus estimate of $191.65 million. During the same period last year, the company earned ($0.86) earnings per share. The firm’s revenue was up 4.3% compared to the same quarter last year. equities analysts forecast that Shutterfly, Inc. will post 0.45 EPS for the current fiscal year.
Several analysts recently weighed in on SFLY shares. ValuEngine raised Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Zacks Investment Research raised Shutterfly from a “sell” rating to a “hold” rating in a research note on Thursday, October 26th. Aegis reissued a “buy” rating and set a $56.00 price target on shares of Shutterfly in a research note on Tuesday, October 24th. Goldman Sachs Group reissued a “neutral” rating and set a $47.00 price target on shares of Shutterfly in a research note on Wednesday, October 11th. Finally, BidaskClub raised Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Shutterfly currently has a consensus rating of “Hold” and an average target price of $53.60.
Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.
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